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Tag: HSBC

HSBC, on cost-cutting drive, expects hit to global headcount to be under 8%

HSBC, on cost-cutting drive, expects hit to global headcount to be under 8%

HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive …

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HSBC, on cost-cutting drive, expects hit to global headcount to be under 8%

HSBC expects cost-cutting drive to hit less than 8% of global headcount

HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive …

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HSBC Targets .5 Bn In Annual Cost Savings After Revamp

HSBC Targets $1.5 Bn In Annual Cost Savings After Revamp

Banking giant HSBC said Wednesday that CEO Georges Elhedery’s plan since October to simplify the company’s structure and geographic setup …

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HSBC 2024 profit beats estimates; announces US billion share buyback

HSBC 2024 profit beats estimates; announces US$2 billion share buyback

HSBC reported a 6.6 per cent rise in annual profit on Wednesday (Feb 19), beating market expectations, as income withstood …

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HSBC 2024 profit beats estimates; announces US billion share buyback

HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns

HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets …

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HSBC, on cost-cutting drive, expects hit to global headcount to be under 8%

HSBC to sell Bahrain retail banking operations as restructuring progresses

The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBK HSBC on …

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HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source

HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source

HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the …

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HSBC investors back CEO’s investment banking retrenchment

HSBC investors back CEO’s investment banking retrenchment

INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s …

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HSBC hires ex-BNP banker Sun as head of debt markets for Asia

HSBC hires ex-BNP banker Sun as head of debt markets for Asia

HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider …

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Macquarie, HSBC to start talks to join Australia Post pact

Macquarie, HSBC to start talks to join Australia Post pact

Australia Post has one of the largest retail networks nationally and runs more than 4,000 post offices A TRIO of …

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HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead

HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead

HSBC upgraded its rating on ride-hailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank …

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HSBC pulling back from China credit card business after struggling to expand: sources

HSBC pulling back from China credit card business after struggling to expand: sources

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled …

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